The container handling equipment market is projected to grow at a CAGR
of 4.24%, during the forecast period, to reach a market size of USD 8.75
billion by 2025, from an estimated USD 6.28 billion in 2017.

The increase in cargo transportation and need for automation to handle
increased cargo volumes is expected to drive the market for automated
container handling equipment, while increased stringency in emission
regulations shall drive the demand for electric and hybrid equipment.

Increased focus on fleet-level emission reduction supported by rising
stringency in emission norms and growing emphasis on port automation are
the key drivers for this market. Alternatively, the high capital costs
of container handling equipment and lack of synchronization among
different equipment can hinder the growth of the market.

Market Dynamics

Drivers

Increase in Cargo Transportation Around the World

Rising Demand for Container Handling Equipment in Asia Pacific & the
Middle East